Miranda Brownlee

News Household spending increased again in November with six out of nine spending categories increasing, according to data from the Australian Bureau of Statistics.

Exploring changes that can better support vulnerable groups in the tax system will be an important part of The Tax Institute’s advocacy work.

News Further clarity is needed on how the tax incentives under the Future Made in Australia reforms will interact with other tax offset provisions, BDO has said.

Tax professionals say while some interactions with the ATO regarding financial abuse matters have led to positive outcomes, this does not occur consistently, according to The Tax Institute.

The Tax Institute has called for adjustments to the proposed changes around general interest charge deductions.

According to the professional body, there has been a rising influx of inquiries and practical issues emerging from the significant breach reporting obligations.

News Donald Trump's trade policy could see Australian exporters hit with a range of additional US tariffs, the accounting firm has cautioned.

Careful consideration of how the Coalition’s proposed $20,000 business deduction interacts with fringe benefits tax and other tax laws will be crucial if the policy proceeds, BDO has said.

The Tax Institute has called for adjustments to the proposed changes around general interest charge deductions.

News The accounting body is urging members to take part in a survey that will help inform the future direction of International Financial Reporting Standards.